Colin Findlay

Today's real estate thoughts...

What Buying or Selling a Home Gives Back to Your Community

Moving is both a personal milestone and an investment in your community. So, if the time is right for you, let's connect. You'll make a difference for more people than you know.

What Buying or Selling a Home Gives Back to Your Community Buying or selling a home is a big financial decision. And right now, it feels even bigger.

Think a newly built home is out of your budget? Over time, it might cost less than you think.

Compared to an existing home that’s 20 years old, buying new saves the average buyer more than $25,000 over the first 10 years.

Why? A brand-new roof, HVAC system, and water heater mean lower energy bills and fewer repairs early on.

So, the home that looks pricier upfront could actually cost you less over time.

DM me, and let’s look at what newly built homes in our area could save you.

A lot of buyers and sellers are holding back right now because they're worried we're headed for another 2008. But look at the numbers.

In 2008, homeowner equity and mortgage debt were nearly identical. That means, if someone hit a rough patch, they had almost nothing to fall back on. That's part of what made that crash so bad.

Today? Home equity is at $34.9 trillion. Debt is at $14.4 trillion. So, homeowners aren't stuck. They have equity built up in their homes – which means if they needed to sell, many could and they’d still come out ahead. They have a cushion.

This isn’t a crash. Today’s market still has a solid foundation.

And if worries about a crash have been keeping you on the sidelines, it might be worth having a conversation about what a move could look like for you right now.

Today's real estate thoughts...

Down Payments Are Smaller Than They’ve Been Since 2021

Down payments are smaller than they’ve been in years, and that opens the door for more buyers.

And with added help from assistance programs and a little help from loved ones, you may have more ways forward than you realized. Connect with a trusted lender to talk through your options.

Down Payments Are Smaller Than They’ve Been Since 2021 Saving for a down payment can feel like the hardest part of buying a home.